Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?

To: codfish23 who wrote (98486)	11/13/2017 7:08:02 PM
From: GROUND ZERO™	1 Recommendation Recommended By Oblivious Read Replies (1) \| Respond to of 220471

Yeah, you're exactly right on all points... and viewing near term losses while the position moves up and back as a cost of doing business is exactly the right attitude, yet so many can't tolerate even a minimal temporary loss so they close out a position with that small loss before the market has a chance to recoup... that requires strong discipline and personal faith in one's timing strategy, but it does pay off... and yet, it's so human to get nervous and dump a position before it turns positive... heck, I did that this morning myself when the market began moving against me, but that's my particular strategy also, if the market doesn't do what I think it should do then I simply close it out and reassess and then take another shot at it at another opportune time... GZ